I'm working on a civil engineering project. There are a few variables involved in the model. We need to use Copula to capture the correlation between variables. To this end, I am looking for an easy-to-use software that can fit different Copula Functions to available data. If you have any suggestion, please let me know. Thank you in advance!
You haven't said what you want to do exactly but you might try
https://www.google.com/search?client=firefox-b-1-d&q=software+for+copula+models
or
https://b-ok.cc/s/multivariate%20copula%20models
Best, D. Booth
Dear Mahdi,
My opinion is for you to look into R or R-studio. Actually I am not too familiar with the software. You can Google for more information and materials.
Best Regards
Hello Mahdi,
Palisade's @RISK, which is an add-in for Excel, has many different copula models that can be fitted to data. It might be worth checking out! (Using @RISK is very similar to using Excel.)
Dear Mahdi,
although it requires a bit of programming, the Python package OpenTURNS (https://openturns.github.io/www/) offers a nice selection of different copulas. I found that if you are slightly familiar with Python, it is easy to handle.
Dear Mahdi,
I recommend using @Risk by Palisade Corp. It is an MS Excel add-in with an easy to use graphical interface. You can purchase the trial version for 15 days.
you can use packages in R and Python as well as in SAS, The packages used in R are available for free
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